2224 E Street

La Verne, CA 91750

PRICE REDUCED

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-$154,000 (-9.33%)

$1,496,000

List Price

3

bed Beds

2

shower Baths

1,616 sqft

straighten / sqft

1930

calendar_month Built

Property Description

Discover a unique investment opportunity with two charming vintage homes situated on a prime 5,300 sq ft parcel in the heart of downtown La Verne, located near the vibrant University of La Verne campus. This property is currently utilized as two separate income residential homes with separate addresses, gas and electric meters but its mixed-use commercial zoning opens the door to a variety of business possibilities! Key features: Prime Location: Nestled on the bustling E Street, this property benefits from high traffic and excellent visibility, making it an ideal spot for businesses looking to thrive in a dynamic environment. Zoning Flexibility: The property is zoned for mixed-use commercial, allowing for creative development solutions including retail, office space, restaurant or further development of residential units with live/work zoning. Improvement Potential: The site is approved for development of up to 8,000 BUILDABLE sq ft where you can have up to five three story tall live work units, giving developers ample room to maximize their investment. Convenient Access: Enjoy the convenience of being within walking distance to the Gold Line train station, University of La Verne and the LA County Fairgrounds and down town La Verne enhancing accessibility and foot traffic. Community Vibe: Experience the charm of downtown La Verne, known for its quaint shops, vibrant dining options, and community events, all contributing to a desirable business environment. Whether you're looking to expand your business portfolio or embark on a new venture, this property offers exceptional potential in a thriving area. This is the best chance to capitalize on this unique once in a life time development opportunity in La Verne with unlimited potential!

Listing Information

List Price $1,496,000
Status Active
MLS CV25018677
HOA $0
Type Residential
Subtype Duplex
Year Built 1930
Lot Size 5,207
Structure Size 1,616
DOM 4
Courtesy Of eXp Realty of Greater Los Angeles
Listing Agent Anthony Grynchal DRE#01873626

Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Fireplace Information
Features None
Additional Information
Additional Features All Bedrooms Down
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Views Neighborhood

Maps

home_work Nearby Properties

Listing information courtesy of: Anthony Grynchal, eXp Realty of Greater Los Angeles . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 26th, 2025 at 6:03 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.